80 billion Euros lost to online fraud across physical and digital goods, and e-ticketing in 2021, reveals Fraugster's new Payment Intelligence Report
BERLIN, July 20, 2022 /PRNewswire/ -- Fraugster, a payment intelligence company which is the first player to offer compliance, chargeback protection, risk management solutions and credit scoring via one AI platform and one integration, today announced the publication of its first Payment Intelligence Report 2022. This provides insight into key Compliance, Fraud Risk and Revenue Uplift trends in the market. Information from 60B data points and 80M individual transactions in 2021 were analyzed by the Fraugster team. Findings highlight the latest fraud tactics being deployed against Payment Service Providers (PSPs), Buy Now Pay Later (BNPL) suppliers and Merchants in Travel, Physical and Digital Goods, challenges and opportunities for BNPL players, chargeback trends, popular fraud types, PSD2 impacts, and future trends for 2022 and beyond.
Fraud attack findings
Vertical quick dives
Christian Mangold, Fraugster CEO says "We are excited to publish the first edition of our Payment Intelligence Report 2022. By researching our own data we gleaned information about Compliance, Fraud Risk and Revenue Uplift that will enable us to make adjustments where required to ensure that our merchants can minimize fraud and maximize revenues."
To view the complete Payment Intelligence Report 2022, please click here.
Fraugster is a Berlin based payments intelligence company that helps the e-commerce ecosystem to minimize fraud and maximize revenue by making smarter real-time business decisions. We help our customers solve multiple use cases by giving them access to various, interoperable products via one integration.
Fraugster has developed one of the most accurate AI fraud prevention solutions on the market and is backed by some of Europe's most reputable deeptech investors from Earlybird to Speedinvest, CommerzVentures and Munich Re Ventures. Further information can be found at https://www.fraugster.com/
For further information please contact: Caroline Delvenne, [email protected], +49(0)30 555794810